QSB:CA:TSX-Mackenzie Canadian Short-Term Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 97.23

Change

-0.23 (-0.24)%

Market Cap

CAD 0.04B

Volume

600.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-27 )

ETFs Containing QSB:CA

MGAB:CA Mackenzie Global Fixed In.. 0.00 % 0.00 %

N/A

CAD 5.05M

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.37% 75% C 31% F
Dividend Return 0.72% 17% F 26% F
Total Return 1.09% 34% F 28% F
Trailing 12 Months  
Capital Gain 2.63% 55% F 35% F
Dividend Return 1.92% 24% F 41% F
Total Return 4.55% 31% F 34% F
Trailing 5 Years  
Capital Gain -4.12% 83% B 38% F
Dividend Return 5.97% 21% F 25% F
Total Return 1.85% 34% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -1.45% 62% D 31% F
Dividend Return -0.17% 31% F 29% F
Total Return 1.28% 17% F 41% F
Risk Return Profile  
Volatility (Standard Deviation) 3.00% 69% C- 94% A
Risk Adjusted Return -5.75% 31% F 27% F
Market Capitalization 0.04B 24% F 21% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.